Introduction of minimum wage in Germany did not increase unemployment (opens in new tab)

(academic.oup.com)

4 pointsmrleiter4y ago1 comments

1 comments

> It also led to the reallocation of low-wage workers from smaller to larger [...] establishments.

So unemployment didn't change much because everyone who got laid off from the mom-and-pop corner stores going out of business got hired by Walmart?

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(academic.oup.com)

4 pointsmrleiter4y ago1 comments

> It also led to the reallocation of low-wage workers from smaller to larger [...] establishments.

So unemployment didn't change much because everyone who got laid off from the mom-and-pop corner stores going out of business got hired by Walmart?

j / k navigate · click thread line to collapse